Members
Meet our members
HQ office : Copenhagen, Denmark
ADDRESS : Fredericiagade 27,
1310 Copenhagen K
WEBSITE : http://www.ifu.dk
IFUDenmark
The Investment Fund for Developing Countries
IFU – the Danish Development Finance Institution – was founded in 1967 and joined EDFI in 1992. IFU is a self-governing fund established by the Danish government. The Minister of Foreign Affairs appoints the board of IFU and the CEO. IFU’s objective is to promote economic activity in developing countries in collaboration with Danish trade and industry. Danish investor, a Danish interest in project or a DFI investor is required for IFU’s participation. IFU also has offices in: China, India, Kenya, Nigeria, South Africa, Ghana, Colombia, Ukraine, and Singapore.
Member's websiteRegion
Sector
Key Figures
Key numbers (end of 2018)
Investments
€158 million
in new annual commitments to 26 projects
€779 million
in total portfolio of 203 projects
€165 million
in investment funds
Other Fund Management
IFU also manages funds that have raised capital from institutional investors, alongside IFU capital and support from the Danish government. The Danish Climate Investment Fund and the Danish Agribusiness Fund have both raised more than half their capital from Danish pension funds in their first closing.
Financial instruments
65%
equity and quasi equity
32%
loans
3%
guarantees
Investment focus
Investments are made in countries which are eligible to receive official development assistance per the OECD -DAC list. At least 50% of IFU’s investments must be made in countries with a GNI per capita below 80% of the upper limit for LMIC as classified by World Bank. IFU can invest in all sectors.
Staff
89
employees